Created on 05/07/2013

Agenda Item # 3

Columbus Consolidated Government

Council Meeting

05/14/2013

Agenda Report # 70

TO: Mayor and Council

SUBJECT: Property Acquisition: Portion of 018-010-001, Kinnett Property

INITIATED BY: Amy Carbajal, Community Reinvestment Director

Recommendation: Approval is requested to purchase a portion of a parcel located at the corner of 12th Street and 6th Avenue (tax map 018-010-001) for $181,096 and allow the City Manager to execute the Sales Contract and all related due diligence documents.

Background: The 2010B Sixth Avenue Stormwater Abatement fund projects included flood abatement and associated streetscape improvements along 6th Avenue. In the process of completing this project, parking spaces utilized by Golden Foundry and the Chamber of Commerce will be eliminated. As a result, staff sought alternative sites to construct public parking to replace those spaces lost due to the flood abatement project. In July 2012, staff presented the potential acquisition of this site to Council for briefing. Concern was expressed about the existing historic building on the site. Since that time, this building has been sold to a third party and the lot has been replatted. Staff has negotiated the purchase of remaining property (referred to as Lot A-100 on the attached plat). The acquisition price is $181,096.50.

Analysis: Lost parking must be replaced, this lot is adjacent to the organizations that will utilize it and it is a purchase that is in the best interest of the City.

Financial Considerations: The purchase and construction of the surface parking lot will be made with 2010B Sixth Avenue Stormwater Abatement funds.

Projected Annual Fiscal Impact Statement: Once improvements are made, very little maintenance will be required; therefore annual fiscal impact is minimal.

Legal Considerations: The sales agreement has been drafted by the City's contracted real estate attorney. The Sales Agreement may be terminated in the event due diligence reveals unreasonable issues.

Recommendations/ Actions: Approval is requested for the purchase of a portion of a parcel located at the corner of 12th Street and 6th Avenue (tax map 018-010-001) and allow the City Manager to execute the Sales Contract and all related documentation.

A RESOLUTION

NO. _____

A RESOLUTION AUTHORIZING THE ACQUISITION OF A PORTION OF TAX MAP 018-010-001 LOCATED AT THE CORNER OF TWELFTH STREET AND SIXTH AVENUE, MUSCOGEE COUNTY, GEORGIA, FOR THE PURPOSE OF CONSTRUCTING A PUBLIC SURFACE PARKING LOT.

WHEREAS, the 2010B Sixth Avenue Stormwater Abatement project list included flood abatement and associated streetscape improvements to the Sixth Avenue corridor; and,

WHEREAS,

in constructing these improvements, on-street parking will be eliminated; and,

WHEREAS, this property is located adjacent to the on-street parking spaces that will be eliminated; and,

WHEREAS, it has been determined that the price for the property is equitable and fair.

NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:

That the City Manager is authorized to execute the Sales Agreement and all related due diligence documents in order to purchase the property for $181,096.50. The funding source for the purchase will be 2010B Sixth Avenue Stormwater Abatement funds.

___________

Introduced at a regular meeting of the Council of Columbus, Georgia, held the _________ day of _____________ 2013, and adopted at said meeting by the affirmative vote of
_____________ members of said Council.

Councilor Allen voting __________.
Councilor Baker voting __________.
Councilor Barnes voting __________.
Councilor Davis voting __________.
Councilor Henderson voting __________.
Councilor Huff voting __________.
Councilor McDaniel voting __________.
Councilor Turner Pugh voting __________.
Councilor Thomas voting __________.
Councilor Woodson voting __________.

____________________________ _________________________
Tiny B. Washington, Clerk of Council Teresa Pike Tomlinson, Mayor